Capital Research Global Investors Buys 2,079 Shares of Adobe Inc. $ADBE

Capital Research Global Investors grew its stake in Adobe Inc. (NASDAQ:ADBE) by 0.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 901,225 shares of the software company’s stock after purchasing an additional 2,079 shares during the period. Capital Research Global Investors’ holdings in Adobe were worth $315,420,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. MCF Advisors LLC boosted its holdings in shares of Adobe by 20.8% in the 3rd quarter. MCF Advisors LLC now owns 174 shares of the software company’s stock worth $61,000 after acquiring an additional 30 shares in the last quarter. SWAN Capital LLC boosted its holdings in shares of Adobe by 43.1% in the 3rd quarter. SWAN Capital LLC now owns 103 shares of the software company’s stock worth $36,000 after acquiring an additional 31 shares in the last quarter. Logan Capital Management Inc. boosted its holdings in shares of Adobe by 0.3% in the 3rd quarter. Logan Capital Management Inc. now owns 9,789 shares of the software company’s stock worth $3,453,000 after acquiring an additional 32 shares in the last quarter. Peoples Bank KS boosted its holdings in shares of Adobe by 1.6% in the 4th quarter. Peoples Bank KS now owns 2,041 shares of the software company’s stock worth $714,000 after acquiring an additional 33 shares in the last quarter. Finally, Rosenberg Matthew Hamilton boosted its holdings in shares of Adobe by 16.1% in the 4th quarter. Rosenberg Matthew Hamilton now owns 245 shares of the software company’s stock worth $86,000 after acquiring an additional 34 shares in the last quarter. 81.79% of the stock is currently owned by institutional investors.

Adobe Stock Performance

Shares of Adobe stock opened at $251.44 on Monday. The firm has a fifty day moving average of $245.80 and a two-hundred day moving average of $281.56. The stock has a market capitalization of $101.63 billion, a price-to-earnings ratio of 14.64, a PEG ratio of 0.98 and a beta of 1.42. Adobe Inc. has a 52 week low of $224.13 and a 52 week high of $419.82. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.91 and a current ratio of 0.91.

Adobe (NASDAQ:ADBE) last released its quarterly earnings data on Thursday, March 12th. The software company reported $6.06 EPS for the quarter, beating analysts’ consensus estimates of $5.87 by $0.19. Adobe had a net margin of 29.48% and a return on equity of 64.48%. The business had revenue of $6.40 billion during the quarter, compared to analysts’ expectations of $6.28 billion. During the same quarter in the prior year, the company earned $5.08 EPS. The firm’s quarterly revenue was up 12.0% on a year-over-year basis. Adobe has set its FY 2026 guidance at 23.300-23.500 EPS and its Q2 2026 guidance at 5.800-5.850 EPS. As a group, equities research analysts predict that Adobe Inc. will post 19.14 EPS for the current year.

Adobe announced that its board has approved a share buyback plan on Tuesday, April 21st that permits the company to repurchase $25.00 billion in shares. This repurchase authorization permits the software company to buy up to 24.9% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s leadership believes its shares are undervalued.

Insider Activity at Adobe

In related news, CAO Jillian Forusz sold 755 shares of the company’s stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $246.25, for a total value of $185,918.75. Following the completion of the sale, the chief accounting officer owned 3,521 shares in the company, valued at $867,046.25. This represents a 17.66% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Shantanu Narayen sold 75,000 shares of the company’s stock in a transaction on Tuesday, April 28th. The shares were sold at an average price of $243.54, for a total transaction of $18,265,500.00. Following the completion of the sale, the chief executive officer owned 359,538 shares of the company’s stock, valued at approximately $87,561,884.52. This represents a 17.26% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 77,091 shares of company stock worth $18,782,773 in the last quarter. Corporate insiders own 0.20% of the company’s stock.

Key Headlines Impacting Adobe

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Royal Bank of Canada reaffirmed its Outperform rating on Adobe and kept a $350 price target, implying meaningful upside from current levels. This suggests some analysts still see attractive valuation and earnings potential ahead. Benzinga
• Positive Sentiment: Multiple previews ahead of Adobe’s June 11 fiscal Q2 earnings report say Wall Street expects earnings growth and a potential beat, which could support the stock if results and guidance come in stronger than expected. Yahoo Finance
• Neutral Sentiment: Coverage this week highlighted that Adobe is getting closer to choosing its next CEO, with internal and external candidates under review. Leadership transition talk adds uncertainty, but it could also be viewed as a strategic reset in the AI era. Yahoo Finance
• Negative Sentiment: Investor anxiety continues to build around Adobe’s competitive moat, with one recent article arguing that AI could threaten the “Adobe era” and help explain why the stock has fallen sharply from its 2025 highs. The Motley Fool
• Negative Sentiment: Recent market commentary also noted Adobe has been falling more than the broader market, reflecting ongoing skepticism ahead of earnings and broader concerns about growth durability. Zacks

Wall Street Analysts Forecast Growth

ADBE has been the topic of several recent analyst reports. JPMorgan Chase & Co. reduced their target price on Adobe from $520.00 to $420.00 and set an “overweight” rating on the stock in a report on Friday, March 13th. Barclays downgraded Adobe from an “overweight” rating to an “equal weight” rating and reduced their price objective for the stock from $335.00 to $275.00 in a report on Friday, March 13th. Argus reaffirmed a “hold” rating on shares of Adobe in a report on Monday, March 16th. Dbs Bank downgraded Adobe from a “moderate buy” rating to a “hold” rating in a report on Tuesday, May 19th. Finally, DA Davidson set a $300.00 target price on shares of Adobe in a research report on Friday, March 13th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, seventeen have given a Hold rating and five have assigned a Sell rating to the company. Based on data from MarketBeat, Adobe currently has a consensus rating of “Hold” and an average target price of $337.62.

About Adobe

Adobe Inc, founded in 1982 by John Warnock and Charles Geschke and headquartered in San Jose, California, is a global software company that develops tools and services for creative professionals, marketers and enterprises. Under the leadership of CEO Shantanu Narayen, who has led the company since 2007, Adobe has evolved from a provider of desktop publishing tools into a cloud-centric provider of digital media and digital experience solutions.

The company’s core offerings are organized around digital media and digital experience.